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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 27,183 $ 34,072 $ 56,124 $ 62,490
Cost of revenue (includes amortization of platform development and developed technology for the three months ended June 30, 2024 and 2023 of $1,507 and $2,323, respectively and for the six months ended June 30, 2024 and 2023 of $3,056 and $4,692, respectively) 16,465 20,855 36,473 38,945
Gross profit 10,718 13,217 19,651 23,545
Operating expenses        
Selling and marketing 3,751 6,904 8,315 12,751
General and administrative 8,632 11,601 18,767 24,576
Depreciation and amortization 913 1,065 1,900 2,161
Loss on impairment of assets 1,198 119
Total operating expenses 13,296 19,570 30,180 39,607
Loss from operations (2,578) (6,353) (10,529) (16,062)
Other (expense) income        
Change in fair value of contingent consideration 90 (313) (409)
Interest expense (4,249) (5,001) (8,588) (9,183)
Liquidated damages (76) (177) (152) (304)
Total other expenses (4,325) (5,088) (9,053) (9,896)
Loss before income taxes (6,903) (11,441) (19,582) (25,958)
Income tax provision (35) (86) (76) (93)
Loss from continuing operations (6,938) (11,527) (19,658) (26,051)
Loss from discontinued operations, net of tax (1,249) (7,957) (91,887) (12,810)
Net loss $ (8,187) $ (19,484) $ (111,545) $ (38,861)
Basic and diluted net loss per common share:        
Continuing operations - Basic $ (0.24) $ (0.52) $ (0.70) $ (1.27)
Continuing operations - Diluted (0.24) (0.52) (0.70) (1.27)
Discontinued operations - Basic (0.04) (0.36) (3.27) (0.62)
Discontinued operations - Diluted (0.04) (0.36) (3.27) (0.62)
Basic net loss per common share (0.28) (0.88) (3.97) (1.89)
Diluted net loss per common share $ (0.28) $ (0.88) $ (3.97) $ (1.89)
Weighted average number of common shares outstanding - Basic 29,399,365 22,074,500 28,110,331 20,509,676
Weighted average number of common shares outstanding - Diluted 29,399,365 22,074,500 28,110,331 20,509,676